Buy HPCL, target Rs 1150: CapitalVia Global Research

CapitalVia Global Research Ltd maintains a buy call on HPCL with a target price of Rs 1150 and a stop loss of Rs 1000.

Overall, the trend of the stock is extremely bullish and is has been gaining momentum on the upside. The stock is trading above both of its short and medium term moving averages of 10 and 50 day. "We may expect it to show upside momentum further. Buy with stop loss of 1000," said the analyst.